1/ @MessariCrypto’s #theses2022, synthesizing the crypto chaos, encompasses the web3 economy & infrastructure that includes crypto, DeFi, NFTs & bridges!

👇 Here are some passages that show how @harmonyprotocol's vision and strategies align with the market potential & key trends
2/ WEB3 VISION

Web3 encompasses cryptocurrencies, smart contract computing, decentralized hardware infrastructure, NFTs, DeFi, Metaverse & DAOs.

The report envisions Web3 will show growth everywhere, particularly in NFT infrastructure, DAO tooling and inter-protocol bridges.
3/ With DeFi, NFTs & the user-owned economy, Web3 gives us the chance to upgrade networks into crypto asset centered economies & build systems where the incentives of network owners, network participants, and third-party developers are fully aligned.

open.harmony.one/100-daos-cross…
4/ NFT INFRASTRUCTURE

A Cambrian explosion of innovation within the NFT space is just getting started. As it expands in every feasible asset category, the infrastructure space becomes especially appealing.

But reliable and ubiquitous NFT tooling is still largely missing.
5/ The NFT marketplace is getting extensively competitive, with FTX rolling out a platform for Solana-based NFTs, & Coinbase having millions on a waiting list for their NFT platform, other exchanges will universally follow suit with products of their own

open.harmony.one/bounties-nft-p…
6/ METAVERSE & CULTURE

The meta NFT theses: attention is finite, the internet is vast, we’re tribal creatures driven by mimetic desire & we’re building an insane parallel financial system that may have found a bridge to celebrities & mass retail adoption via crypto-enabled art.
7/ If a big part of our future lives is spent living in global, virtual, interconnected worlds (the metaverse), then NFTs are some of the primary building blocks for everything in that world and will impact every sector of the economy.

open.harmony.one/one-time-at-nf…
8/ IDENTITY & NAMES

One of the biggest trends we’ll see in 2022 is the move towards meritocratic, earned NFTs: composable membership, earned semi-transferable NFTs & TCRs.

The decentralized domain name services & the data marketplaces will make personal data relicensing trivial
9/ While Verisign ($27 billion market cap) manages nearly 85% of the world’s 200 million websites today, the domain space for identities in Web3 could be 2-3 orders of magnitude larger, with the market for data analytics swelling to nearly $100 billion.

open.harmony.one/100-daos-and-t…
10/ DeFi on NFT

Price discovery in the NFT market not only for secondary sales but for virtual asset collateralization will be one of the most important areas of NFT infrastructure development in the years ahead.

This includes how NFTs fractionalize their ownership effectively!
11/ DAO TOOLS

Paradigm’s products Things like Floor Perps & RICKs & Mortys aim to tackle illiquidity challenges in the NFT markets, while Power Perps, TWAMM and Everlasting Options could bring larger and more sophisticated investors to DeFi markets.

open.harmony.one/1m-hackathon-d…
12/ 2021 witnessed explosive demand for NFTs, which pulled forward the demand for more scalable Layer 1 & Layer 2 blockchains. All of that will spur growth in DAO infrastructure

Therefore, if 2020 was all about DeFi and 2021 was all about NFTs, 2022 will be the year of the DAO
13/ Community relations impacts how a DAO communicates with investors, liquidity partners, technical counterparties, core contributors, users & other promoters. Being open for debate & democratic without being plutocratic will help DAO treasuries scale.

open.harmony.one/1m-hackathon-d…
14/ DAO TALENT

With DAOs, you can invert the talent sourcing model. Earn bounties & display your proof of work to earn reputation points with the community’s decentralized HR, community vouches. You can apply for grants or submit proposals for full-time employment directly.
15/ Transformative types of DAOs, Curation DAOs and markets could replace centralized, ad-driven algorithms, improve credentialing and social signalling, reduce low-value redundant work, and crowd-fund high-value unique work in information services.

open.harmony.one/research-dao-b…
16/ DAO GOVERNANCE

Bullish on governance infrastructure, improvements in protocol treasury deployment & DAO distribution models that pay users, individual contributors, other businesses & DAOs alike. It’s foundational tooling that will lead to DAOs replacing most companies.
17/ In a DAO, the blockchain guarantees user accessibility, transparency & exit rights. Fixing the contributor liability issues & bringing DAOs and their communities into global and local tax, banking, & employment compliance is going to be important.

open.harmony.one/monthly-newsle…
18/ BRIDGES & INTEROPERABILITY

The most acute pain point in crypto today may be the lack of bridges. If the future is multi-chain, then those who build better cross-chain connectors and help move assets fluidly across parachains, zones & rollups will inherit the (virtual) earth
19/ A bridge that’s credibly decentralized, battle-tested, and well-integrated across Layer 1s would likely emerge as the preferred choice for cross-chain liquidity simply due to its predictability and reliability.

open.harmony.one/horizon-a-gas-…
20/ CROSS-CHAIN & LAYER 2 ROLLUPS

It all comes down to business development wins (app distribution) and recruiting wins (can you attract developers to build on non-Ethereum blockchains). The Ethereum killers all have the money to compete aggressively.
21/ Ethereum’s persistent scaling challenges, its Layer 1 competitors, and the willingness of infrastructure companies and application builders alike to embrace the likelihood of a multi-chain future.

open.harmony.one/1m-hackathon-d…
22/ ZERO-KNOWLEDGE PROOFS

ZK-rollups are lightning-fast as they use something called validity proofs, making them instantly verifiable & eliminating the need for a liquidity-sucking challenge period.

On a long enough timeline, all crypto will converge to zero-knowledge crypto
23/ ZK might be the only solution that will enable crypto to scale to billions. It provides the only privacy guarantee institutions might need to participate in public, interoperable blockchains so they adequately safeguard proprietary customer data

open.harmony.one/zkdao-succinct…
24/ WALLETS & SECURITY

User funds are at risk, even in secure browser wallets.

There has never been a better time to be
✅ A security researcher
✅ Verified secure smart contract libraries and security-as-a-service
✅ Bullish in perpetuity on smart contract security researchers
25/ The backbone of Web3 & DAOs are your personal wallets, which are sort of like your personal data vaults.

For instance, 2.7 million Salvadorans will get airdropped $30 in BTC for downloading their new Chivo wallets & pay with Lightning.

open.harmony.one/22m-on-social-…

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More from @harmonyprotocol

29 Dec
26/ PRIVACY RIGHTS

While crypto entrepreneurs should set clear guidelines on KYC/AML reporting while preserving privacy, peer-to-peer transaction reporting & disclosure requirements on self-custody assets are unconstitutional overreaches. Get a warrant, or we’ll see you in court
27/ While it is built for decentralization, using crypto for nefarious purposes leaves an excellent paper trail for prosecutors to lock in a conviction. People who build products that aim to serve dark markets almost always get caught & go to jail.

open.harmony.one/stephens-inter…
28/ LAYER 1 PROTOCOLS

ETH sits at ~60% market cap dominance [vs 98% in early 2021] among Layer 1s, & it’s likely that we’ll see >80% of on-chain EVM transaction volume move to L2 chains within the next year. Time is of the essence as other Layer 1s continue to gain market share.
Read 12 tweets
27 Dec
1/ @harmonyprotocol approved 17 more proposals in December 2021 💙

🖼️NFT: @marscolonyio, IndieNFT, @EncryptoArt, Dapp Accred, @DefiKingdoms

💱Defi: @eywaprotocol, @HarmonyLauncher, @indexzoo, @kogecoin, @BringFinance

⛓️DAO: @OneKoreaDao, Ambassador DAO

& more ⬇️ Image
2/ Mars Colony @marscolonyio is a #P2E multi-planet colonization game starting from Mars, divided into 21000 tokenized plots of lands as #NFTs. The game also involves #DAO, #DeFi & NFT to empower users to grow their colony & earn.

Website: marscolony.io

#playtoearn Image
3/ IndieNFT bridge is an initiative by the ONE community to help small-scale NFT projects to kick start their operations using the new Harmony cross-chain NFT bridge.

If you are a #NFT creator or developer, this is your ideal launchpad.

Read more: talk.harmony.one/t/eth-one-indi… Image
Read 18 tweets
28 Nov
1/ JOIN US at #DayONE to discuss #Bridges, #DAOs, #crosschain #NFTs and all things #Web3 for 2022 with great food & more with Harmony 💙

👉Register here (DM for code) harmony.one/sf

Speakers announcement DAY - 2
[THREAD] 👇#HarmonyONE
2/ Zi Wang (@justziit) will talk about Curator #DAO for NFT moments 😍

Check out 👉 timeless.space - A curator #DAO for moment #NFT. True fans, tastemakers, patrons can bond over animated 3d models as momentos of real-life events

#HarmonyONE
3/ 0xkrillin from Tranquil Finance (@tranquil_fi) will speak about Permissionless Money Market 👌

Check out Tranquil Finance 👉tranquil.finance - An algorithmic market market #protocol, allowing users to lend and borrow assets permissionlessly.

#Harmonyprotocol
Read 4 tweets
27 Nov
1/ Join @harmonyprotocol on #DayONE where we'll be speaking to the #Web3 community & introducing #Harmony project highlights, showcase our ecosystem, talk about #crosschain with great food & MORE 💙

Speakers announcement DAY - 1
[THREAD] 👇 #HarmonyONE Image
2/ Aaron Li (@polymorpher) will be showcasing 1Wallet with Smart One-Time-Password Authentication! 🤯

Check out the project here 👉 open.harmony.one/300m-on-bounti…

#1wallet #DayONE Image
3/ Dave Cassidy the founder of 'Next Hollywood' will speak about decentralizing Netflix 😍

Read more about the proposal here 👉 talk.harmony.one/t/nft-x-hollyw…

#NFT #Hollywood #Web3 Image
Read 4 tweets
15 Nov
1/ @harmonyprotocol at the Messari (@MessariCrypto) Mainnet in NYC 2021 where @stse chats about the future of #Web3, #DeFi and more, with #builders & #leaders and how #Harmony can aid in fast tracking growth for these distinctive projects 💙

Here's what happened 👇
2/ Yaz Khoury (@Yazanator) of @cLabs who is building @CeloOrg, talks to @stse about their mobile-first approach for the emerging markets! 📈

👉Discover cLabs: clabs.co


#DeFi #celowallet #StableCoin
3/ Next he speaks to Dhawal Shah (@Dhawal0921) of @FrontierDotXYZ. #Frontier is a multi-chain DeFi wallet supporting 11 chains now.

They discuss about simplifying #DeFi by bringing it on ONE simple layer

👉Discover Frontier: frontier.xyz
Read 23 tweets
14 Nov
1/ @harmonyprotocol was at the @Meta_Cartel #MCON2021 Denver where we engaged in meaningful conversations with the attendees about their projects, and how Harmony can aid in uplifting their projects and the whole #DeFi and #DAO ecosystem 💙

Here’s what happened 👇
2/ @stse sat down with @GlobeyNFT of premier #NFT platform @davinci_gallery on the @HarmonyProtocol.

The duo discussed the amazing response that the platform has received, and how artists have curated their own #organic audiences right from the get-go.

3/ Next, he speaks to @chaserchapman of @decentology, a platform that creates composable smart contracts on leading protocols including #Ethereum, #Polygon etc. She talks about how the #DAOs will be a boon for the ecosystem 👇

Read 11 tweets

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